Price Analysis

Cardano (ADA) Loses 3.76% Over the Last 24 Hours

When most of the altcoins have initiated recovery, Cardano is yet to show any intent. Over the past 24 hours, the ADA price has been down by 3.76% and witnessed three major price swings in the range between 0.04613 USD and 0.04229 USD.

Cardano Price Prediction:

ADA coin’s first major price variation happened in the initial 8 hours and 48 minutes, and it added 2.50% to the value to push Cardano price to 0.04613359 USD. It was followed by a huge fall that cost 8.32% and made it be placed near 0.04229650 USD, the lowest for the day. At 18:33 UTC, the ADA coin got strengthened, and it could lift its price by 2.25% to reach 0.04324806 USD by 01:57 UTC today.

ADA Price Chart
ADA Chart By TradingView

Cardano’s market cap on November 18 was 1.135 billion USD, and it has been raised to 1.150 billion USD over the last day.  It should be noted that on the market cap front also it has been volatile.

The 20 days average of ADA coin stands at 0.04324599 USD, and the 50 days average roams around 0.04310082 USD. The current price at 0.04331679 USD is up by 0.16% and 0.50% than the 20 days and 50 days moving averages, respectively.

Cardano (ADA)Resistance & Support Levels
1st Resistance$0.045788333
2nd Resistance$0.047774667
3rd Resistance$0.048897333
1st Support$0.042679333
2nd Support$0.041556667
3rd Support$0.039570333
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Roxanne Williams

Roxanne Williams has recently joined as a market reporter for CryptoNewsZ - the 24/7 crypto news site, where she produces recent stories, technical analysis and price updates on world's leading cryptocurrencies.
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